Adidas AG Current Ratio

92.91  1.32  1.44%
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Adidas AG 
Current Ratio 
Current Asset 
Current Liabilities 
1.49 times

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Compare Adidas AG to competition

Adidas AG Current Ratio Assessment

Benchmark  Embed   Alliance Data Comparables 
In accordance with recently published financial statements Adidas AG has Current Ratio of 1.49 times. This is 37.66% lower than that of the Consumer Goods sector, and 51.78% lower than that of Textile - Apparel Footwear and Accessories industry, The Current Ratio for all stocks is 61.79% higher than the company.

Filter other Stocks by Current Ratio

Current Ratio Input Range 
Click to run this filter
Filter Other Equities
Found 6 equities

Current Ratio

2.89 times
0.98 times
1.49 times
1.91 times
1.85 times
1PL GERPowerland AG
2.94 times
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  

Current Ratio Comparison

Current Ratio  
Benchmark  Embed   Alliance Data Comparables 
Adidas AG is rated fifth in current ratio category among related companies.
NameAdidas AG
InstrumentGermany Stock
ExchangeXETRA Stock Exchange
Risk-adjusted AdviceStrong Buy Under Valued
CurrencyEUR - Euro
Descriptionadidas AG together with its subsidiaries designs develops produces and markets athletic and sports lifestyle solutions worldwide. more

Other Adidas AG Fundamentals

Return On Equity11.02 %
Return On Asset5.85 %
Profit Margin3.29 %
Operating Margin7.07 %
Current Valuation17.94 B
Shares Outstanding200.2 M
Price to Earning32.41 times
Price to Book3.04 times
Price to Sales1.06 times
Revenue16.36 B
Gross Profit6.92 B
Net Income645 M
Cash and Equivalents1.2 B
Cash per Share6.00 times
Total Debt1.98 B
Debt to Equity0.35 times
Current Ratio1.49 times
Book Value Per Share28.55 times
Cash Flow from Operations1.15 B
One Year High91.48
One Year Low53.56
Earnings Per Share2.65 times
Number of Employees46.51 K
Market Capitalization17.17 B
Total Asset12.99 B
Retained Earnings4.92 B
Working Capital2.39 B
Current Asset7.32 B
Current Liabilities4.92 B
Z Score5.8